Call reports 2025
FARMERS AND MERCHANTS STATE BANK OF ALPHA — 2025
What FARMERS AND MERCHANTS STATE BANK OF ALPHA reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 44,751,000 | 46,063,000 | 43,675,000 | 47,708,000 |
| Total loans | 28,381,000 | 28,880,000 | 28,792,000 | 30,860,000 |
| Allowance for loan losses | 348,000 | 350,000 | 350,000 | 337,000 |
| Securities available for sale | 3,995,000 | 3,733,000 | 3,461,000 | 3,692,000 |
| Securities held to maturity | 756,000 | 756,000 | 756,000 | 756,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,821,000 | 40,032,000 | 37,561,000 | 41,544,000 |
| Interest-bearing deposits | 31,726,000 | 32,058,000 | 31,982,000 | 34,585,000 |
| Noninterest-bearing deposits | 7,095,000 | 7,974,000 | 5,579,000 | 6,959,000 |
| Equity capital | 5,057,000 | 5,115,000 | 5,183,000 | 5,216,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 601,000 | 1,215,000 | 1,842,000 | 2,493,000 |
| Interest expense | 224,000 | 454,000 | 687,000 | 928,000 |
| Net interest income | 377,000 | 761,000 | 1,155,000 | 1,565,000 |
| Noninterest income | 20,000 | 33,000 | 7,000 | 22,000 |
| Noninterest expense | 294,000 | 603,000 | 886,000 | 1,285,000 |
| Provision for loan losses | 0 | 25,000 | 25,000 | 15,000 |
| Pretax income | 103,000 | 166,000 | 251,000 | 287,000 |
| Income tax | 26,000 | 53,000 | 80,000 | 86,000 |
| Net income | 77,000 | 113,000 | 171,000 | 201,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,090,000 | 5,127,000 | 5,184,000 | 5,207,000 |
| Total capital | — | — | — | 5,546,000 |
| Risk-weighted assets | — | — | — | 33,025,000 |